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Freedom Square

Off-Market

246 South 1100 East, American Fork, UT 84003

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Office - Medical Office
  • Property Size 25,560 SF
  • Lot Size 2.38 Acre
  • Parking Spaces Avail. 130
  • Parking Ratio 5.10/ 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class C
  • Year Built 2005

Location

  • City American Fork, UT
  • Neighborhood American Fork
  • Zip Code 84003
  • Market Salt Lake City

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Price
  • Arm's Length True
  • Buyer Name

Market Trends

Average Actual Rents in American Fork

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in American Fork Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2020 Avg. Asking Rent $22.22
  • 2020 Office Vacancy Rate 7.18%
  • 2020 Office Completions (SF)

Tax

  • Property Tax in 2020 $6,111
  • Market Value* $592,000
  • Assessed Value $592,000

Find more tax info, including assessment history and abatements, on CommercialEdge

*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.

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